Fort Wayne, Indiana Overview Fort Wayne, Indiana is the ninth-cheapest place to do business in the country, according ...
Fort Wayne, Indiana Overview
Fort Wayne, Indiana is the ninth-cheapest place to do business in the country, according to Forbes. The city of 253,691 people is located in northeastern Indiana, just 18 miles from Ohio and 50 miles from Michigan. The second-largest city in Indiana, Fort Wayne got its start in the Revolutionary War when statesman Anthony Wayne built it as part of a series of forts. The city initially served as a trading post for pioneers from Europe.
Boasting 15 museums and art galleries, including the African and African American Historical Museum and Fort Wayne Museum of Art, the city is a cultural hub for the northeastern part of the state. Another point of interest is the Foellinger-Freimann Botanical Conservatory, which contains a 25,000-square-foot seasonal showcase garden. The city also hosts a number of festivals beloved by residents, such as the BBQ RibFest, Johnny Appleseed Festival and Germanfest.
The cost of living in Fort Wayne, IN is 13.3 percent below the national average. The median home price is $105,400, and the median household income from Fort Wayne jobs is $48,267. Fort Wayne's household income did not change last year, but home prices fell by 0.4 percent.
Fort Wayne Job Opportunities
The healthcare and telecommunications industries are the primary suppliers of Fort Wayne, IN jobs. The largest employer is the Parkview Health System, which employs 4,710 workers in a variety of healthcare jobs in Fort Wayne. Next is the Lutheran Health Network, with 4,301 employees in the healthcare sector. Fort Wayne Community Schools is the third-largest employer, with 4,230 employees. General Motors is also a major employer, with 3,909 workers in the area. The Lincoln Financial Group is the city's fifth-largest employer, offering 1,970 jobs in Fort Wayne, IN. Other major employers include the City of Fort Wayne, Allen County and BFGoodrich.
Fort Wayne Employment Trends
Last year, Fort Wayne posted job growth of 0.7 percent and is expected to see growth of 2.8 percent this year. In July of 2014, Fort Wayne's unemployment rate was 6.3 percent, which was slightly higher than Indiana's average of 5.9 percent and the U.S. average of 6.2 percent. High-tech employment accounted for 4.1 percent of all employment last year, according to Forbes.
Job seekers who have trouble finding Fort Wayne jobs might try looking for jobs in Indianapolis, IN, which is southwest of Fort Wayne and has an unemployment rate of six percent. Cities nearer to Fort Wayne with job opportunities include Columbia City, Marion and Auburn.